Online Loan Request Form

The Financial Aid Award Notification details your loan eligibility in each specific loan program. Please visit our website for more information about the Direct Stafford and Graduate PLUS Loan Programs. In order to officially request the loan funds, you must complete this form. Please submit the completed loan request form to the Law Financial Aid Office within two weeks of receiving your Financial Aid Award Notification.

Last Name:

First Name:

Capital Law Student ID#:

(required)

Street Address:

City:

State:

Zip:

Anticipated Graduation Date:

Program of Study:

JD

Grad Tax

Paralegal

LCP / LNC

Federal Stafford Loan Program

Your Financial Aid Award Notification will list your overall eligibility in the Direct Stafford Loan Program. Only unsubsidized loans are available to graduate students though the Federal Direct Stafford Loan Program. These loan funds are assessed a 1.072% origination fee by the federal government. The interest rate is fixed at an annual rate of 5.41%. Please indicate your requested total annual amount below and check all semesters that apply. Disbursements will be evenly divided between terms selected.

Loan Amount $

Summer 2014

Fall 2014

Spring 2015

Federal Graduate PLUS Loan Program

The maximum amount of eligibility for this loan program will be based on your program’s costs. To determine your eligibility in this program, you should refer to your Financial Aid Award Notification. Graduate PLUS Loan funds are assessed a 4.288% origination fee by the federal government. The interest rate is fixed at an annual rate of 6.41%.Please indicate your requested amount below and check all semesters that apply. The amount requested for Fall and Spring terms are required to have equal disbursements across terms.

Loan Amount$

Summer 2014

Loan Amount$

Fall 2014

Spring 2015

*If you have not completed Entrance Counseling or signed a Master Promissory Note(s) for the Stafford and/or Graduate PLUS Loans, you may do so electronically on the Department of Education website. If you have requested a Graduate PLUS Loan, the Department of Education will access your credit score to determine if you meet the criteria to receive funding. By signing a Master Promissory Note, you are providing authorization to access your credit history and your credit score.

All disbursements are released based on the assumption that the student will be enrolled for the full duration of the semester. If a student withdraws prior to the end date of the semester for any reason, Capital University Law School may be required to return loan funds to the Department of Education. This may result in a balance owed to Capital University Law School. By signing below, you are verifying that you accept responsibility for any balance owed that may result from withdrawing from the program prior to the end of the term.

If a student changes programs or otherwise reduces his or her enrollment after the beginning of the semester, the student’s loan eligibility will most likely be affected. All disbursements are released based on the assumption that the student will remain enrolled in his or her current program for the required number of credit hours. If a student changes programs or drops credit hours prior to the end date of the semester for any reason, Capital University Law School may be required to return loan funds to the Department of Education. This may result in a balance owed to Capital University Law School. By signing below, you are verifying that you accept responsibility for any balance owed that may result from reducing your course load prior to the end of the term.

Please carefully review the University’s Tuition Refund Policy before signing this form. The full policy is on the University’s web site . If a student withdraws from his or her program or drops hours, the student may still be responsible for covering at least a portion of the tuition. Please make sure you have carefully reviewed this policy before you agree to request this loan.